business news in context, analysis with attitude

by Kevin Coupe

The Los Angeles Times reports this morning that if you want to give all the 78 presents mentioned in “The 12 Days of Christmas” for the holidays this year, it will cost you $24,263.18 - up 3.5 percent from a year ago.

Shopping online for all these items actually would be more expensive, says the report from PNC Wealth Management - it would cost $39,860 this year -– a 16.1% increase from last year due to high shipping costs.

According to the Times, the report says that it is birds that are really getting pricey - apparently swans-a-swimming, partridges, and turtle doves cost a lot more than they used to. Inflation does not seem to have affected maids-a-milking, ladies dancing and lords-a-leaping. And, oddly enough, five gold rings are cheaper - while the cost of the metal is high, prices are down because of competitive retail pricing.

Just in case you were putting together your holiday shopping list...
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